The StockMasters -- The Cheesecake Factory (Public, NASDAQ:CAKE) is up 7% today, after Brad Ludington of KeyBanc Capital Markets lifted the restaurant operator to "Buy" from "Hold," saying in a client note that the Calabasas Hills, Calif., company will likely use cash on hand and about $80 million to $85 million of free cash flow to take approximately $90 million off of its $275 million debt load this year.
